One of the most visible drivers in the Asia-Pacific (“APAC”) economy in 2023 has been the rapid adoption of digital technology combined with the innovations that arose during the COVID-19 pandemic. In the area of e-commerce and payments, consumer habits have shifted, and businesses and governments have embraced these new digital channels of creating, exchanging and transmitting value.   ..read more

The International Monetary Fund has projectedthat Asia Pacific (APAC) would contribute around 70 percent of global growth in 2023 as its expansion accelerates to 4.6 percent from 3.8 percent in 20221 One of the most visible drivers in the APAC economy in 2023 has been the rapid adoption of digital technology combined with the innovations that arose during the COVID 19 pandemic. Consumer habits have been irrevocably changed, and businesses and governments have embraced these new digital channels of creating and exchanging value.   ..read more

In conjunction with the Emerging Payments Association Asia (EPAA), Currencycloud organised a roundtable discussion with a select group of payments professionals to discuss the challenges of SME payments as well as the benefit and limits of digital solutions. We invited Joanne Walker from EY and David Helen from Regional Australian Bank to join us as expert speakers, in a session that was moderated by Lance Blockley of payments consultancy The Initiatives Group ..read more

A recent report from Juniper Research1 predicts that the total number of digital Buy Now Pay Later (BNPL) users will reach 935 million in 2027, rising from 364 million in 2022.  Here we explore how and why lendtechs are using embedded lending products such as BNPL  to offer their customers compelling services, and deliver value not normally found in traditional banks ..read more

The recent setback of the P27 initiative underscores the challenges of aligning cross-border payment systems across the Nordic region. But for the region’s banks the setback is also an opportunity to embrace faster payments and transform how the Nordic region makes cross-border payments. The P27 may have gone away, but the need to harmonize cross-border hasn’t, as we will explore here ..read more

We asked Currencycloud friend and renowned financial services blogger Chris Skinner for his views on what’s next in the world of cross-border money movement. As ever, he identifies some exciting opportunities that will impact everyone from the non-banked, all the way through to SMEs and multinationals. Read on to discover more ..read more

The third quarter of 2022 was the slowest for VC funding since the start of the pandemic, causing many Fintechs to put their ambitions on hold, in what has been described as a 'Fintech Winter'. Yet consumer behaviour and expectations of what Fintechs should offer them hasn’t stopped. If anything, it’s accelerated. It’s the Fintechs who’ve tuned into this who are succeeding in an otherwise challenging global market, proving that there are still opportunities out there ..read more

The American financial system is unique in its scale and complexity: the sheer size of the country and the autonomy given to individual states have left it with a web of regulations and deeply entrenched banks.  ..read more

It’s hard to overstate the role that remittances play in supporting families around the world.  ..read more

We recently expanded our partnership with Monese, the leading pan-European fintech, enabling account holders to receive money in 33 currencies.  ..read more